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Nov 16, 2012
11/12
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in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a. don't hold them in your taxable account. >> let's channel our inner howie mandel, deal or no deal on the fiscal cliff? >> we think deal but not this year. we think there will be a deal around the framework potentially but that the real tax and entitlement reform discussions will have to be hammered out in 2013. >> katie nixon, thanks for being with us. >>> let's hear what washington has to say and we'll talk about that more later on this hour of -- >> tyler, despite what could be positive developments, our economy is still of course to a certain extent being held hostage as we await the outcome
in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a....
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Nov 16, 2012
11/12
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he has responsibilities that the environment that the environment and public works committee to i believe he is going to post a reduction of greenhouse gas emissions. >> first of all -- >> how lolita. >> you were supposed to be there, too. >> thank you, senator mccain. i do have to get up to the committee. committee. i did appreciate it let me ask to short questions if i might, and one, i want to get on record in agreeing with the comments that senator mccain made about general allen. secondly, in response to a written question, general, it said you agree to follow recovery of 33,000 u.s. search force in afghanistan for the reduction in u.s. worst level should continue at a steady pace to 2014 be your response was i agree that there will be further troop reductions through 2014, but the pace of the withdrawal over the next 25 months would depend on several factors. one of this is the readiness. we had a hearing, may 10 and you testified at the hearing. i've always considered you to be one of the real top individuals, understanding and evaluating training. and you and i talked about this b
he has responsibilities that the environment that the environment and public works committee to i believe he is going to post a reduction of greenhouse gas emissions. >> first of all -- >> how lolita. >> you were supposed to be there, too. >> thank you, senator mccain. i do have to get up to the committee. committee. i did appreciate it let me ask to short questions if i might, and one, i want to get on record in agreeing with the comments that senator mccain made about...
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Nov 16, 2012
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dell says a challenging macro economic environment is continuing into the current quarter. >>> schiff nutrition is the subject of a bidding war between two players, it had previously agreed to be bought by bayer. >>> hostess is expected to announce if it's going to go ahead with plans to liquidate, this is something it's been threatening to do if striking workers didn't return. hostess is operating under bankruptcy protection and we've been watching that closely. on a global report, there are reports out of israel, two hamas rockets have hit southern tel aviv, landed in an open field and reports say they did not cause any damage but this comes after a night of air strikes by israel against hamas in the gaza strip and we are watching that situation closely as well. joe? >> cnbc is making the push to rise above and yesterday former wyoming senator, alan simpson and the simpson of simpson-bowles spoke to cnbc and pretty much laid out our campaign. >> the leaders of both parties who think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we co
dell says a challenging macro economic environment is continuing into the current quarter. >>> schiff nutrition is the subject of a bidding war between two players, it had previously agreed to be bought by bayer. >>> hostess is expected to announce if it's going to go ahead with plans to liquidate, this is something it's been threatening to do if striking workers didn't return. hostess is operating under bankruptcy protection and we've been watching that closely. on a global...
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Nov 16, 2012
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there is a changing security environment. there are some broader issues. we need to see if they dig into those issues. >> we appreciate your joining us. form on friday on the so-called fiscal cliff. -- >> a forum on friday on the so-called fiscal cliff. we will bring that for you live at 8:15 a.m. eastern on c-span 2. >> the senate armed services committee heard from president obama's nominee to lead the war in afghanistan. he is currently the second highest ranking officer in the marine corps and will grow place region will replace john allen. -- the second highest ranking officer in the marine corps and will replace john allen. this is two and a half hours. >> good morning, everybody. to be the next commander of the international security assistance force. this morning's hearing was originally scheduled to include the nomination of john allen to be commander of the u.s.- european command and supreme allied commander. general allan holds the position for which general done for is nominated. the department of defense request the nomination be put on hold p
there is a changing security environment. there are some broader issues. we need to see if they dig into those issues. >> we appreciate your joining us. form on friday on the so-called fiscal cliff. -- >> a forum on friday on the so-called fiscal cliff. we will bring that for you live at 8:15 a.m. eastern on c-span 2. >> the senate armed services committee heard from president obama's nominee to lead the war in afghanistan. he is currently the second highest ranking officer in...
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Nov 16, 2012
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CURRENT
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the ghosts of the environment appear before the g.o.p. to try to save its soul. past bp gets whacked with fines and criminal charges, a warning about putting profit before prudent. present. president obama visits the areas of new york hit hardest by hurricane sandy, a reminder of global warming's devastating effects. future, january 20, 2013, inauguration day. a president with a mandate and a second-term agenda with climate change near the very top. so all right you republicans who wants to play the role of scrooge? >> all of those in favor signify by saying aye. >> jennifer: humbug. there is big news on the environmental frown front today. so first bp, the world's third largest oil company announced it was going to pay $4.5 billion in fines and plead guilty to 14 criminal charges connected to, of course, the giant oil spill in the gulf of mexico. that's number one. meanwhile, in new york, the president surveyed the damage from hurricane sandy. of course, which was everybody knows, precipitated by climate change. he met storm victims in staten island, one of the
the ghosts of the environment appear before the g.o.p. to try to save its soul. past bp gets whacked with fines and criminal charges, a warning about putting profit before prudent. present. president obama visits the areas of new york hit hardest by hurricane sandy, a reminder of global warming's devastating effects. future, january 20, 2013, inauguration day. a president with a mandate and a second-term agenda with climate change near the very top. so all right you republicans who wants to...
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Nov 16, 2012
11/12
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LINKTV
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but now let's move to a whole another cultural environment. out to the extremely wealthy suburbs outside of chicago where every house is about a million dollars a piece and people have another set of problems and another set of challenges. well we'll go to willow creek community church and here's one that is an interesting controversy. because rev. bill hybels about 20 years ago now want - he's a christian, he's a minister, he's just starting out and he says; "why don't people go to church?" what he does, he get a bunch of his younger followers they go out and actually do a marketing approach. they go to peoples houses and ask them why don't you go to church? why don't you go to church? they come back and say "well it's boring, it's irrelevant, it doesn't do anything for me." in other words for many people churches had failed at handling those dilemmas of institutionalization. but what he did, he starts out with his tiny little church but makes it interesting, makes it entertaining as you will see, makes it relevant; if you've been there but m
but now let's move to a whole another cultural environment. out to the extremely wealthy suburbs outside of chicago where every house is about a million dollars a piece and people have another set of problems and another set of challenges. well we'll go to willow creek community church and here's one that is an interesting controversy. because rev. bill hybels about 20 years ago now want - he's a christian, he's a minister, he's just starting out and he says; "why don't people go to...
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there's an incredible amount of communication going on between organisms and among organisms in our environment and in the case of the coral in the gobi fish communication is essential for survival if we want nature and the environment around us to thrive and survive it's essential that we work to reduce the pollution curb the climate change that threatens to cut off these crucial lines of communication between organs. the father of our constitution james madison had an interesting take on the separation between church and state as he wrote to baptist church leaders in eighteen eleven and he was president he said i've always regarded the practical distinction between religion and civil government as essential to the purity of both madison knew that we shouldn't mix religion and government just to protect ourselves against the rise of the theocrats and not just to do that but also to preserve religion itself in its purest form free from political meddling both entities church and state are better off when they're separated entirely from each other. interestingly the same maxim holds true when it
there's an incredible amount of communication going on between organisms and among organisms in our environment and in the case of the coral in the gobi fish communication is essential for survival if we want nature and the environment around us to thrive and survive it's essential that we work to reduce the pollution curb the climate change that threatens to cut off these crucial lines of communication between organs. the father of our constitution james madison had an interesting take on the...
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Nov 16, 2012
11/12
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KRON
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and very fortunate that it is a great environment. we are so fortunate to see our fans every day and i am very fortunate to play in san francisco. i could not be more honored with previous winners. >> milwaukee the one it yesterday was second a very distant second. and andrew metuchen of the pittsburgh pirates was no. 3. the first triple crown since 1967 put miguel carrera of the tigers in the american league mvp. and the daughters are going to say that he led the league but if you did something of offensively, not since the trotsky. you have heard the word. and notice, world series also covered up his team to the world series but these guys are right, mike trout. a lot of support but he is the rookie of the year. miguel cabrera on top. and jim harbaugh went under went with minor surgery. he is expected to return to practice. i said minor surgery is a minor procedure. a minor procedure. after destructor pound out after-test doctor's found out that he had an irregular heart beat. three teammates react. >> as he always tells us he is to
and very fortunate that it is a great environment. we are so fortunate to see our fans every day and i am very fortunate to play in san francisco. i could not be more honored with previous winners. >> milwaukee the one it yesterday was second a very distant second. and andrew metuchen of the pittsburgh pirates was no. 3. the first triple crown since 1967 put miguel carrera of the tigers in the american league mvp. and the daughters are going to say that he led the league but if you did...
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Nov 15, 2012
11/12
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based on what we think the macroeconomic environment is going to do. >> so you were at that meeting at the white house this week. you joined a number of ceos at the white house yesterday. did the president give you hope that layoffs can be avoided at aetna? how was that meeting? >> i thought the meeting was a very constructive, very frank and open dialogue. i was impressed with the level and the grasp of the issues that the president had and his willingness to listen to american business about the ways that we needed to solve this problem. i think there is is a path to get this done. it's not going to get all done before the end of the year. but i think our message to the president was we're here to support you if you can avoid the cliff and put together a very specific framework on how we're going to get the economy going. because going over the cliff creates more joblessness. and if we can avoid that, we still don't grow the economy in 2013, so we need to show the business community, and quite frankly, all americans, that we have a plan to deal with this deficit so that we can grow e
based on what we think the macroeconomic environment is going to do. >> so you were at that meeting at the white house this week. you joined a number of ceos at the white house yesterday. did the president give you hope that layoffs can be avoided at aetna? how was that meeting? >> i thought the meeting was a very constructive, very frank and open dialogue. i was impressed with the level and the grasp of the issues that the president had and his willingness to listen to american...
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Nov 15, 2012
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the other thing is we're now in an environment where the dividend tax rate is 15%. we know it is not going down from here. it will go up from here. investors are now realizing that they have to execute on the tax changes that will occur. >> really interesting theme i've been hearing over and over is europe, which we just found out today, is officially in recession. a lot of folks are looking to go over there and pick through the bones in europe. not on a country wide basis, but they're looking for that type of opportunity here. >> what about that, joe? some of your colleagues here on the floor of the new york stock exchange have been saying they're sniffing around, maybe buying here. we're back to levels we haven't seen since july. are you among them? >> not just yet. you know, i hear people still using the word uncertainty. i think there's a lot of certainty that's come about in the last few weeks, in particular, the president's going to exert his will. he's now into his second term or about to enter his second term. he doesn't have to answer to have many people. c
the other thing is we're now in an environment where the dividend tax rate is 15%. we know it is not going down from here. it will go up from here. investors are now realizing that they have to execute on the tax changes that will occur. >> really interesting theme i've been hearing over and over is europe, which we just found out today, is officially in recession. a lot of folks are looking to go over there and pick through the bones in europe. not on a country wide basis, but they're...
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Nov 15, 2012
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devastating the environment there. tourism costing many people their jobs, as well. cnn's ed lavandera saw the devastation firsthand when he covered the story. ed, as, of course, we wait eric holder's arrival, i'll let you proceed and may have to interrupt you as soon as he is to enter the room. so, what kind of reaction is there from this $4 billion planned settlement? >> reporter: well, i think a lot of people in the gulf coast region trying to figure out what all of this means and the money will be parcelled out. >> all right. sorry about that, ed. you have to hold that thought there. here's u.s. attorney general eric holder. >> i'm honored to join with associate attorney general tony west, assistant attorney general for the criminal division of the justice department lanny brewer, director robert casami of the security and exchange division, john beretta, head of the de deepwater horizon and achieving justice for those whose lives and livelihoods were impacted by the largest environmental disaster in the history of the united states. and to hold accountable -- ho
devastating the environment there. tourism costing many people their jobs, as well. cnn's ed lavandera saw the devastation firsthand when he covered the story. ed, as, of course, we wait eric holder's arrival, i'll let you proceed and may have to interrupt you as soon as he is to enter the room. so, what kind of reaction is there from this $4 billion planned settlement? >> reporter: well, i think a lot of people in the gulf coast region trying to figure out what all of this means and the...
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Nov 15, 2012
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caused devastating loss to the victims and environment and under mined the truth seeking function of congress. and by hiding the sevty of the spill b.p. caused another type of harm that is our focus. harm to the shareholders, to the investing public and market all of which are entitled to transparent and complete and accurate information. the eyes of the world were on b.p. in the spring and summer of 2010, the company had an opportunity to provide accurate disclosure about the facts needed by the public to make informed decision about investment and they chose to mislead the public. that is not what we expect from public companies and their management and it is in times of congress the need for accurate information is most acute. i want to recognize the hard work of the f.c.c. staff that conducted this investigation including brian thomas and mat ralph. they are the kind of public serve vants that americans can be proud of. i want to thank the members of the deep water horizon task force. and i want to thank the leadership of the department of justice, the attorney general, associate
caused devastating loss to the victims and environment and under mined the truth seeking function of congress. and by hiding the sevty of the spill b.p. caused another type of harm that is our focus. harm to the shareholders, to the investing public and market all of which are entitled to transparent and complete and accurate information. the eyes of the world were on b.p. in the spring and summer of 2010, the company had an opportunity to provide accurate disclosure about the facts needed by...
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Nov 15, 2012
11/12
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what's really going on here is we are talking about a consumer that's still struggling in this economic environment. unemployment has gotten better but it's still around 8%. we've got this fiscal cliff looming. yes, the holidays are around the corner so that's what many retailers are banking on. but beyond that it's been tough. we had super storm sandy hit. that put an impact on a lot of retailers from department stores to big box stores like target and walmart. really what they're saying is the consumer is still under some pressure. that paycheck cycle still an issue for the walmart consumer and they say that jobs, gas prices and rising food prices also an issue for that group of shoppers. >> is housing about to fall off the fiscal cliff? what homeowners and future home buyers need to know right now. >>> mean. time, let's head out to sue at the schwab investor summit. impact in chicago. what do you got, sue? >> we got a lot coming. up. incidentally, ty, they miss you out here. we're going to talk about how to prevent your portfolio from literally going over the fiscal cliff. michael cuggino will s
what's really going on here is we are talking about a consumer that's still struggling in this economic environment. unemployment has gotten better but it's still around 8%. we've got this fiscal cliff looming. yes, the holidays are around the corner so that's what many retailers are banking on. but beyond that it's been tough. we had super storm sandy hit. that put an impact on a lot of retailers from department stores to big box stores like target and walmart. really what they're saying is...
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Nov 15, 2012
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CNN
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what was our assessment, our united states assessment, of the environment and the conditions on the ground and had we in advance positioned the right resources to mitigate risk and to make sure that we could handle those known possibilities? >> all right. general marks, thank you very much. appreciate it. i want to go back to the attacks on israel and gaza. the u.n. security council now holding an emergency closed door session about the crisis. member nations called for this. maximum restraints so the situation does not deteriorate any further. the big fear is that the escalating violence could echo the 2008 war that led to israel's land invasion of gaza. the year-long war killed some 1,400 palestinians and israeli. fred joining us from jerusalem. fred, first of all, we saw the israeli prime minister benjamin netanyahu speaking earlier about the escalating violence, the tension here. here's what he said. >> no government would tolerate a situation where nearly one-fifth of its people live under a constant barrage of rockets and missile fire, and israel will not tolerate this situation. thi
what was our assessment, our united states assessment, of the environment and the conditions on the ground and had we in advance positioned the right resources to mitigate risk and to make sure that we could handle those known possibilities? >> all right. general marks, thank you very much. appreciate it. i want to go back to the attacks on israel and gaza. the u.n. security council now holding an emergency closed door session about the crisis. member nations called for this. maximum...
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Nov 15, 2012
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let those folks at the highest classified levels, they do that in a classified environment, get to the bottom of what did we know, when did we know it, how did it come to us and what did those feeds look like and how did we fuse that picture and disseminate that picture? once we get a better sense of that, you can say with greater confidence we need to combine armed services, we need the combined intelligence and foreign affairs. >> david petraeus is going to testify tomorrow, he was head of the cia. he was in benghazi. he talked to the surviving players i should say. will he have every single answer that lawmakers need? >> oh, no, carol, not at all. you know the answer to that question. he'll have through his own filter and through the filter -- every piece of data that is input goes through a filter on multiple levels to include your personal level. so he's not going to have every answer. he's going to be able to provide what he was able to assess. and in spite of what he's dealing with on a personal level, he can compartmentize very, very well. we've now figured that out. he'll be a
let those folks at the highest classified levels, they do that in a classified environment, get to the bottom of what did we know, when did we know it, how did it come to us and what did those feeds look like and how did we fuse that picture and disseminate that picture? once we get a better sense of that, you can say with greater confidence we need to combine armed services, we need the combined intelligence and foreign affairs. >> david petraeus is going to testify tomorrow, he was head...
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Nov 15, 2012
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exclusive discounts on a wide range of digital hearing aids for crisp, natural sound even in crowded environments, with a 90-day risk free trial from providers you can trust. i'm enjoying my freedom again. even conversations in noisy restaurants are easy. not an aarp member? join today. and then take advantage of the aarp hearing care program provided by hearusa. call hearusa ... and reconnect with your world today. martha: congressional leaders head into the white house tomorrow for a meeting on how to stop the country from going over the so-called fiscal cliff which is an urgent matter, i think both sides agree on that. both parties say they are already drawing some of their lines in the sand where they will or will not go on this issue. house speaker john boehner says he believes they can reach a deal. >> i don't think anyone, on either side of the aisle under estimates the difficulty that faces us. but i do think the spirit of cooperation that you've seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think t
exclusive discounts on a wide range of digital hearing aids for crisp, natural sound even in crowded environments, with a 90-day risk free trial from providers you can trust. i'm enjoying my freedom again. even conversations in noisy restaurants are easy. not an aarp member? join today. and then take advantage of the aarp hearing care program provided by hearusa. call hearusa ... and reconnect with your world today. martha: congressional leaders head into the white house tomorrow for a meeting...
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Nov 15, 2012
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we think the holiday season is going to be competitive, we think we're still in a competitive retail environment and economic factors are making things somewhat difficult for our customers and that's why we're getting to those numbers. the stock had come in and it's going to again today. >> a lot of investors are thinking that this gigantic move and pull back appropriately to some average and was ready to blast off. look, you've got target nipping, you've got dollar tree reporting good numbers today. walmart had a great move. and now its great move i think has run its course. >> an amazing chart, if you go back to walmart stocks, the dip in the stock, it was the bryberry bottom for this quarter. i don't know if we're setting up for something better than anticipation but the head of u.s. walmart said november sales started ahead of plans. and they have got some extra sales thanks to lay away which has been a very popular program for retailers of late. >> we used to get monthly comps from all these retailers. >> those were the old days. >> i think the problem with wam mart, frankly is, the stock w
we think the holiday season is going to be competitive, we think we're still in a competitive retail environment and economic factors are making things somewhat difficult for our customers and that's why we're getting to those numbers. the stock had come in and it's going to again today. >> a lot of investors are thinking that this gigantic move and pull back appropriately to some average and was ready to blast off. look, you've got target nipping, you've got dollar tree reporting good...
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Nov 15, 2012
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the track, doing things around the track activities to get their mind off things, to create a nice environment for them to enjoy and the group that came out to cover this said we expected you to be an a-hole. we expected you to be upset down and backwards with granting access to us. and i went, this is who i am. >> are you a nice guy? >> he's a very nice guy. >> this is not who you see. there's always that busch brother problem. baldwin brother problem. >> don't put me in that group. >> seriously, are you a nice guy who is just misunderstood? >> i have a fiery attitude when i put the helmet on. it's just that mentality of when you go into battle and you're a sports guy, you have to do what it takes to win. sometimes it rubs people the wrong way. especially the fabric of the way everything hases viewed these days has to be so clean, crisp cut and you can't have any blemishes. coach bobby knight is a guy i looked up to, tossing chairs, that's how my dad taught me. >> i love how you drive, first of all. watching this documentary, i was struck by how much you seem to mistrust and not like the medi
the track, doing things around the track activities to get their mind off things, to create a nice environment for them to enjoy and the group that came out to cover this said we expected you to be an a-hole. we expected you to be upset down and backwards with granting access to us. and i went, this is who i am. >> are you a nice guy? >> he's a very nice guy. >> this is not who you see. there's always that busch brother problem. baldwin brother problem. >> don't put me...
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the question is, what was the security environment like prior to the attack? and there have already been cables that have been released that have indicated that people in the state department had to know that the security situation in benghazi was already very dangerous, that al-qaeda units were in the area, that jihaddists were out there, that there was no predicting what could happen, and that raises questions about why wasn't there enough security to protect those who were serving inside that compound. >> steve: absolutely. that's such a good point. now, there are some of your colleagues on the other side of the aisle have suggested given what we've heard from susan rice, the united nations ambassador, and other things that the president and jay carney said, that there has been a gigantic cover-up regarding what the administration knew, when they knew it, what they did, stuff like that. are there any democrats on your side who feel that there could have been a cover-up? >> i don't think we know enough right now. >> steve: but shouldn't we know enough by now
the question is, what was the security environment like prior to the attack? and there have already been cables that have been released that have indicated that people in the state department had to know that the security situation in benghazi was already very dangerous, that al-qaeda units were in the area, that jihaddists were out there, that there was no predicting what could happen, and that raises questions about why wasn't there enough security to protect those who were serving inside...
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Nov 15, 2012
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CURRENT
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it is a good, therapeutic way to look in a nonhostile environment as to where we need to go with the country. >> john: the fact it is a nonhostile environment means it won't be covered on most cable news outlets. i'm looking over the roster of speakers. of course you're there as well as james carvel and mary madeline. i guess their merge is a model for this kind of event. you have trent lott and ted strickland, jonathan capehart and another married couple, avalon and hoover. it seems like a really, really inspiring roster of people. so i guess let me ask you why did things turn out the way they did last week on election day? >> you know, first of all, it was close but i think that -- you know, most of the pundits got it right. that is i think the people sense that the economy was getting better while slowly things were kind of turning in the right direction. and i think they were willing to give the president the benefit of the doubt under those circumstances. i also think that the discussion about the changing demographics in america that is we're a country that's much different tha
it is a good, therapeutic way to look in a nonhostile environment as to where we need to go with the country. >> john: the fact it is a nonhostile environment means it won't be covered on most cable news outlets. i'm looking over the roster of speakers. of course you're there as well as james carvel and mary madeline. i guess their merge is a model for this kind of event. you have trent lott and ted strickland, jonathan capehart and another married couple, avalon and hoover. it seems like...
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Nov 15, 2012
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>> that was a good investment even as that was a very, very terrible period for the american -- >> environment, economy, on and on and on. >> environmental region. >> thanks, christy. >> you're welcome. >>> wait until you hear what mitt romney is saying now, that is coulding up. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast feeding sho
>> that was a good investment even as that was a very, very terrible period for the american -- >> environment, economy, on and on and on. >> environmental region. >> thanks, christy. >> you're welcome. >>> wait until you hear what mitt romney is saying now, that is coulding up. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it...
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Nov 15, 2012
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KNTV
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firm is one of the lucky ones that had millions in assets to plunk down and weather a tight lending environment. for most investors, access to capital is a real problem. >> how far does it -- >> quite difficult. right now as a private investor, you have to guarantee construction loans and you have to put up 35% he equity of any one project. >> and 35% of his $70 million project for perspective, would be a $24.5 million down payment. >> we've been working on this for six years. >> reporter: so back to mayor reed and his lofty goal, a billion dollars recorded in six months. >> i have no doubt that we can. there's probably more than a billion dollars of opportunities. the question is how many can we get done in six months. >> reporter: reed's claim of billion dollars in opportunities checks out after spiing to some developers willing to hint at the financials for their massive pending projects, low enterprisers is developing a tract of land so large it took us more than a minute to drive around. an urban office campus which they said will cost well north of $100 million just for first phase. acros
firm is one of the lucky ones that had millions in assets to plunk down and weather a tight lending environment. for most investors, access to capital is a real problem. >> how far does it -- >> quite difficult. right now as a private investor, you have to guarantee construction loans and you have to put up 35% he equity of any one project. >> and 35% of his $70 million project for perspective, would be a $24.5 million down payment. >> we've been working on this for six...
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Nov 14, 2012
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we're talking about a high regulatory environment. who the heck knows what happens over the near term on the fiscal cliff. is it more prudent to stay on the sidelines? you want to look for specific situations? >> let's assume they're in. they're not traders. we're an advisory conference. they're in the market. i think to sell here, to just get nervous, panic, see what's on the news and to throw it in is not prudent. we're coming into thanksgiving. you have good seasonality. i think we get a lift. when we get a lift, if you are this person who says i need to take some risk off the table, that's when you do it. so if you're looking to go into 2013 and you are uncertain, as i am, i think we have a lot fourth go down. so if you're a trader, i think you can trade this to the up side. if you're a longer term investor, you get a pop, you take some off the table and you re-evaluate like in six months. >> that's the strategy. wait for a gain so you're not selling out at the bottom here. >> i think selling in the red today is not prudent. >> ok
we're talking about a high regulatory environment. who the heck knows what happens over the near term on the fiscal cliff. is it more prudent to stay on the sidelines? you want to look for specific situations? >> let's assume they're in. they're not traders. we're an advisory conference. they're in the market. i think to sell here, to just get nervous, panic, see what's on the news and to throw it in is not prudent. we're coming into thanksgiving. you have good seasonality. i think we get...
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Nov 14, 2012
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that's 7% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to hurt corporations. it's not going to hurt profits, but what it is going to do is hurt the individual investor. they should be in equities. when you look at the dividend plays out there, it's crazy not to be. >> boy, when it comes to the markets, michael, you could not have a more different point of view, could you? >> we have about 30% cash. i took out another about 20%. we're about 50% today in cash. i don't think the fiscal cliff is going to happen. i think they're going to punt. i don't think anybody in washington, d.c. has the meatballs or spaghetti to care about cutting our debt and deficits.
that's 7% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to...
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Nov 14, 2012
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headline driven in this environment. yesterday you saw the sharp rally toward the end of the session. was it because of the rumor that spain might have a bailout or was it the rumor that potentially they were bundled 44 million euros together for greece? i don't know. it clearly moved the market, both of those things incidentally didn't happen. longer term, if you look at what is happening, europe versus the united states, you can see the effect of the fiscal cliff in the wake of the obama victory. here you see the yellow line here is the top 50 blue chips in europe. how they have traded over the last month. this is the dow jones industrial average. you'll see that under performance now, 4.5% as a result arguably of that fiscal cliff and arguably where the election left us. >> it's going to get tougher sledding. >>> meantime other capital markets op-ed, gary is looking although a few charts as he did yesterday. >> you know, carl, great piece by riches warning people about bond funds versus bonds. a lot of people ignore t
headline driven in this environment. yesterday you saw the sharp rally toward the end of the session. was it because of the rumor that spain might have a bailout or was it the rumor that potentially they were bundled 44 million euros together for greece? i don't know. it clearly moved the market, both of those things incidentally didn't happen. longer term, if you look at what is happening, europe versus the united states, you can see the effect of the fiscal cliff in the wake of the obama...
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Nov 14, 2012
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just stop the cut in an environment where it is absolutely essential. i had no children. maybe i will not feel it did not much. but like the last caller said i am ready to pay my their share. and the thing is that fairness is not guaranteed. but this is where i put my emphasis, what is democracy? we have got to try to work and create fairness. a graduated income tax is the best way to pay according to the ability to pay. the more you give, the more you pay. what is complicated? guest: the caller brings up a great point. this idea of tax fairness. who should pay more? another caller brought up before. what this caller is scion is that something that the president echoed again and again on the campaign trail. and he feels like this as part of the government moving forward. part of the tax fairness issue is at the wealthy should pay more to help pay down the deficit. the other caller was saying he feels like more people should pay federal income taxes to pay down the federal it deficit. this is sort of the two ways that the parties beer taxes or one way that they do. the fac
just stop the cut in an environment where it is absolutely essential. i had no children. maybe i will not feel it did not much. but like the last caller said i am ready to pay my their share. and the thing is that fairness is not guaranteed. but this is where i put my emphasis, what is democracy? we have got to try to work and create fairness. a graduated income tax is the best way to pay according to the ability to pay. the more you give, the more you pay. what is complicated? guest: the...
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Nov 14, 2012
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when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you bought it down in the low 20s? >> i don't know the actual cost price in front of me. i can tell you it's been one of our big holdings for a couple of years. home depot and lowe's we bought at the end of '11. we had a thesis that housing was bottoming. and now the housing improvement is accelerating and that's a big deal for the u.s. economy when you think about the spillover effect in construction jobs, you know, furniture, auto, cement, everything that comes with household formation in new home purchases. >> well, we want to thank you for joining us today. >> my pleasur
when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you...
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Nov 14, 2012
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is the moms tweet their location to the milk truck whenever they feel like they're in an unwelcome environment, and the milk truck will come. they've actually raised $15,000 for this. you hear stories about this all the time, women being forced into bathrooms to nurse. it's not legal in all 50 states. >> that's crazy. it's a perfectly -- >> in public domain. i should say. >> it's nature. i never understood why people get freaked out by all that stuff. that truck, that truck. >> tata truck. >> wonder if they host bachelor parties. [ laughter ] >>> also, take a look. this video speaks for itself. a product that started as a joke. actually is a real thing you can been for $40. a swifter you put on your kid, as they crawl on the floor, they're literally cleaning up. >> you're kidding me. >> same time they're crawling. get it for $40. betterthanpants.com. started as a joke. "snl" did something with it on the weekend. >>> this morning on "world news now" -- we follow the e-mail trail that's at the center of the military sex scandal. >> that's just as we're seeing one of the women involved for the fi
is the moms tweet their location to the milk truck whenever they feel like they're in an unwelcome environment, and the milk truck will come. they've actually raised $15,000 for this. you hear stories about this all the time, women being forced into bathrooms to nurse. it's not legal in all 50 states. >> that's crazy. it's a perfectly -- >> in public domain. i should say. >> it's nature. i never understood why people get freaked out by all that stuff. that truck, that truck....
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Nov 13, 2012
11/12
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it's not for engine technology, it's not for restoration of the environment. and it doesn't stop emissions. so this bill does represent a bipartisan, bicameral compromise. but it gives us the authority to hold their feet to the fire and get a solution. i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from west virginia. mr. lahood: mr. speaker, the gentleman i am going to yield to now may be departing the congress after this session. but we will still value his professionalism, his expertise and certainly his friendship for the very near and distant future. i'm happy to yield five minutes to the gentleman from illinois, the once chairman and now ranking member of our aviation subcommittee on transportation. the speaker pro tempore: the gentleman is recognized for five minutes. >> i thank the gentleman, the running backing member, for yielding, and thank him for his kind words and friendship as well. mr. speaker, i rise in support of s. 1956, a bill that will protect u.s. airlines, their em
it's not for engine technology, it's not for restoration of the environment. and it doesn't stop emissions. so this bill does represent a bipartisan, bicameral compromise. but it gives us the authority to hold their feet to the fire and get a solution. i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from west virginia. mr. lahood: mr. speaker, the gentleman i am going to yield to now may be departing the congress after...
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Nov 13, 2012
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of the united states military are fighting on our behalf day in and day out so we can live in a safe environment here at home. our service members are well aware of the risks that they face as they serve this nation. and it is our duty to do all that we can to honor those who fight and pay the ultimate price for our freedoms. today i'm here to pay my respects to sergeant jason m. swindoll, an arrest kansas who at 24 years -- an arkansan who was 24 years of age. he attended high school in cabot, arkansas, assigned to b company, first battalion, 64th regiment, third infantry division in fort stewart, georgia. he was serving his third combat deployment. he was' thaoupl mustily awarded -- he was awarded the bronze star and purple heart. his family and friends describe him as being a fun-loving guy who was very patriotic and very proud of the work he was doing in the army. in addition to being a soldier, sergeant swindoll was also a husband and father. he lives behind his wife chelsea, who is expecting their second child, and a one-year-old son, paxton. mr. president, it is people like jason swindoll
of the united states military are fighting on our behalf day in and day out so we can live in a safe environment here at home. our service members are well aware of the risks that they face as they serve this nation. and it is our duty to do all that we can to honor those who fight and pay the ultimate price for our freedoms. today i'm here to pay my respects to sergeant jason m. swindoll, an arrest kansas who at 24 years -- an arkansan who was 24 years of age. he attended high school in cabot,...
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Nov 13, 2012
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he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in drilling and natural gas space. >> weatherford this morning off 12% at 3.5 year low. the company warning that fourth quarter is going to come in for earnings below consensus on that number. and they also said that they still have not been able to resolve what they call material weakness in internal controls over financial reporting. they actually didn't break out their third quarter numbers. stock getting hit hard on a day when energy is already to the downside. >> motor trend magazine naming tesla's sedan the car of the year. will the model live up to the hype? we'll find out when te
he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in...
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it is really an incredible environment of learning. >> bill: right. so now as i understand, unlike candace, do you have a job to go back to. >> i will continue my training. and i'm looking forward to finishing it. at the end of those two years really is -- at the end of my training, i make a decision on how to enter the practice of medicine and really, if i will have an opportunity to have a large component dedicated to policy, i think that will be a big part of my career in the future. >> bill: absolutely. this will give you so many more opportunities, right? more ways to make an impact. >> that's right. physicians aren't necessarily trained with an understanding of policy and guidelines coming down so hhs and the federal government, this gives us an opportunity to contribute and inspires us to be a part of the process in the future. >> bill: anand who is another white house fellow. congratulations again for making the program. thanks for coming in. sharing your story with us. ann o'connell is next, a member of the u.s. coast guard and this year's wh
it is really an incredible environment of learning. >> bill: right. so now as i understand, unlike candace, do you have a job to go back to. >> i will continue my training. and i'm looking forward to finishing it. at the end of those two years really is -- at the end of my training, i make a decision on how to enter the practice of medicine and really, if i will have an opportunity to have a large component dedicated to policy, i think that will be a big part of my career in the...
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shops in this consolidated apple like checkout, iphone, anyone can check you out, it's efficient, nice environment. it's the apple store customer interface combined with the best brands of the world in a small geography. we had $250 a square foot in sales with the traffic down 12%. >> for your sake and for ron johnson's sake i hope this works and i love a great come back story. >> i want to leave our viewers with one thing. the biggest problem people have with something like this, how can i own a stock when the sales are down 26%? i'll make one analogy and help people think about how to value this company. we took a stake in wendy's, why did people not like wendy's? i get a chance we come back after a commercial, i'm happy to stay. >> i think we're going. >> give me one minute and i'm happy to come back another time. wendy's, people hated the management, there was a fast growing company called tim horton's inside wendys. we separated and the stock doubled. we have this fast growing retail inside jcpenney, profitable and high margins and the rest of jcpenney is shrinking. it's hard to look at it on
shops in this consolidated apple like checkout, iphone, anyone can check you out, it's efficient, nice environment. it's the apple store customer interface combined with the best brands of the world in a small geography. we had $250 a square foot in sales with the traffic down 12%. >> for your sake and for ron johnson's sake i hope this works and i love a great come back story. >> i want to leave our viewers with one thing. the biggest problem people have with something like this,...
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try to you know move further beyond this current situation of fighting get teary aided humanitarian environment so on so forth their response was just more fun fighting more support from abroad through the insurgence militants this is. you know fully of a possible solution quote unquote into the hands of just one side in all these this is very unfair i think the international community should be very aware of not repeating very very troublesome scenario from libya that undermines in essence the core of international system decorum international law mr correct me if i'm wrong but. you get an impression that most currently wants to be a many years in the syrian crisis but it's not really welcomed. by the science is that is that correct everyone to whom we speak everyone welcomes moscow's role we will continue we are not going to adjust our policy just because. some our paths are around some comments criticize us we have a very firm believe that what we are doing is right and those people who are in contact with us including from the opposition they are eager to engage and interesting we hope that
try to you know move further beyond this current situation of fighting get teary aided humanitarian environment so on so forth their response was just more fun fighting more support from abroad through the insurgence militants this is. you know fully of a possible solution quote unquote into the hands of just one side in all these this is very unfair i think the international community should be very aware of not repeating very very troublesome scenario from libya that undermines in essence the...
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Nov 13, 2012
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maybe there would be in the current environment. i can't tell anymore what the standards are sometimes. >> well, you know, i don't know. >> i mean it. >> i doubt that. i think you're probably right. and certainly it doesn't apply to members of congress, but they're elected officials and these are appointed officials. the fbi basically says we decided to tell the dni, the director of national intelligence, james clapper, when we were all done what happened here because we thought he should know as, in essence, a personnel matter. under the new system the director of the cia reports to clapper. clapper is his boss, and they thought that clapper should know. he controls the security clearances. let him make the decision about whether it was proper to keep david petraeus on the job. obviously clapper felt it wasn't and told petraeus he ought to resign. >> i guess it's one of those cases once people know about it, the catch-22 is you have to do something about it or else you're part of the cover-up. maybe that's the way they look at it.
maybe there would be in the current environment. i can't tell anymore what the standards are sometimes. >> well, you know, i don't know. >> i mean it. >> i doubt that. i think you're probably right. and certainly it doesn't apply to members of congress, but they're elected officials and these are appointed officials. the fbi basically says we decided to tell the dni, the director of national intelligence, james clapper, when we were all done what happened here because we...
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. >> we all care about each other and it is nice to be in an environment like this is good. >> 75 a residence will be moving in over the next couple of weeks. the developers want to and better and homelessness. money to build the facility came from the state, city and private funds. kron 4 withinks everybody for serving in our military we will be back thank you, to everybody for serving in our military. we will be right back. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male annou
. >> we all care about each other and it is nice to be in an environment like this is good. >> 75 a residence will be moving in over the next couple of weeks. the developers want to and better and homelessness. money to build the facility came from the state, city and private funds. kron 4 withinks everybody for serving in our military we will be back thank you, to everybody for serving in our military. we will be right back. when i take a picture of this check, it goes straight to...